News

Aileen McLeod Legislation to transform how land is used and governed has been passed by the Scottish Parliament, although the Bill has been labelled a “missed opportunity” to help increase housebuilding.

David Frost The Scotch Whisky Association (SWA) has welcomed the UK Government's decision to freeze excise duty on spirits in today's Budget. But it says a cut would have provided a bigger boost for consumers, a vital home-grown industry and public finances.

Stewart Hosie Yesterday’s Budget announcement by Chancellor George Osborne saw the battle lines for the upcoming Scottish government elections begin taking shape as income tax emerged as the contested ground.

John Swinney The UK Budget conceals a cut of £3.5 billion in public spending across the UK, according to Scotland’s deputy first minister.

Chancellor George Osborne yesterday said that the Treasury will launch a retail share sale of its remaining stake in Edinburgh-based Lloyds Banking Group within a year’s time after it pulled the plug on the move last year amid market turbulence. Mr Osborne said the government is committed to selli

George Osborne Chancellor George Osborne’s Budget announcement yesterday included a series of measures affecting Stamp Duty Land tax (SDLT), both on commercial properties and residential properties that could provoke a rethink of similar charges north of the border, according to the Chartered Inst

UK chancellor George Osborne said yesterday that he had "effectively abolished" the Petroleum Revenue Tax (PRT) as he used his Budget statement to announce a major overhaul of the North Sea tax regime in the wake of languishing global oil prices. The steps taken by Mr Osborne were largely welcomed b

Royal Bank of Scotland has revealed that it is to axe a further 448 jobs at its UK corporate and institutional bank. Under its chief executive, Ross McEwan, RBS has been shrinking the bank’s transaction management and operations division to focus on its personal and small business operations in t

Office for National Statistics (ONS) figures for November 2015 to January 2016 show that Scotland continues to outperform the UK on employment and inactivity rates. This month’s Labour Market Statistics also show that over the quarter, Scotland’s overall employment rate increased to 74.5 per cen

Lufthansa maintained passenger numbers in Scotland in 2015 despite the significant drop in travel from within the offshore industries, the German airlines group has said. More than 436,000 people used the Lufthansa Group services at Edinburgh and Aberdeen.

Councillors in Edinburgh have revealed proposals to overhaul Edinburgh’s parking following a period of public consultation that could include introducing a charge for parking on a Sunday. Members of the authority's Transport and Environment Committee will now hear another report on Parking Action

Scottish shops have enjoyed their strongest month over the past year outside the festive seasons but high street sales are still declining, latest figures have revealed. According to the report from the Scottish Retail Consortium (SRC) and KPMG, February saw total Scottish sales decreased by 0.7 per

One and two bedroom flats in Edinburgh have seen a notable increase in average property prices in the last three months, according to the latest house price report from ESPC. The latest figures, which cover the period from December 2015 to February 2016, reveal that while average property prices acr

Sarah Hardy Edinburgh-based business angel syndicate, Archangels, has appointed Sarah Hardy as its chief investment officer.